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john boehner didn't lose the presidency, my friend. and don't forget that. and by the way, conservatives did not win the presidency and conservatives did not win the senate. it was a lousy year. and you have to deal with that. and let me add one thing. i am a flat tax supply sider and i worked for ronald reagan. reagan compromised. he compromised in 1982 over a lousy deal which he regretted. he compromised in 1983 over a very good social security fix. and then he compromised again in 1986 over a very good tax reform fix. >> right. >> so if you blame -- >> i agree if the other side wanted to compromise, i would say we should. >> you've got to learn how to work a little bit here. >> what does obama want that's not in the fiscal cliff -- he wants what's in the fiscal cliff. it's defense cuts and tax hikes. we're compromising with someone who doesn't want to compromise. he likes that stuff. i know he doesn't want to raise taxes on the middle class. but we have to give up everything in this deal. we should articulate our principles or give him what he wants. we'r
john boehner didn't lose the presidency, my friend. and don't forget that. and by the way, conservatives did not win the presidency and conservatives did not win the senate. it was a lousy year. and you have to deal with that. and let me add one thing. i am a flat tax supply sider and i worked for ronald reagan. reagan compromised. he compromised in 1982 over a lousy deal which he regretted. he compromised in 1983 over a very good social security fix. and then he compromised again in 1986 over...
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Dec 6, 2012
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but first up, speaker john boehner issued a warning for house republican today. the leadership is watching how they vote. this episode of conservatives will remove from key committee posts today and today we learned that house leaders were using an apparent secret list of criteria for who stays and who goes. here with the scoop, cnbc contributor from national review online, robert costa. what's up with this? i want to just add, senator jim demint coming out forcefully against speaker boehner's plan, and house member jim jordan also coming out against the plan. is the gop splintering? is there a civil war? >> larry, i'm here on capitol hill and what a raucous day today was for conservatives. you never really hear about it, but there's a group on capitol hill called the republican steering committee. they're a private group of lawmakers that decide committee spots and they announced that four lawmakers, popular conservatives from the class of 2010 and beyond would lose their coveted committee spots in places like the financial service committee and the agriculture
but first up, speaker john boehner issued a warning for house republican today. the leadership is watching how they vote. this episode of conservatives will remove from key committee posts today and today we learned that house leaders were using an apparent secret list of criteria for who stays and who goes. here with the scoop, cnbc contributor from national review online, robert costa. what's up with this? i want to just add, senator jim demint coming out forcefully against speaker boehner's...
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Nov 29, 2012
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and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
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Nov 29, 2012
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our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house economic team. so we saw all sides of this. the good news is we all agree this is an opportunity to show the rest of the world we know how to run our house economically. they all want to make a deal, three, they all agree it's a $4 trillion number and four, they all agree -- there's three kmoents. we've got reform entitlement, raise revenue and reduce spending. so those are all the good things. you want to know the bad news. >> yeah, i guess. >> yeah. okay. so the bad news is nobody's really decided how much of that $4 trillion goes into each of the three buckets. so r
our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house...
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do you think john boehner is the guy who's going to get this done? is he going to be able to lead your party to consensus? >> i don't know the answer to that question. what he's trying to do is to mitigate the damage that obama would do with these massive increases in rates. impasse is not an option. means everybody's taxes go up, but if the president has his way, taxes are going to go up on those very wealthy folks making over 200,000, but most are small businesses filing a subchapter s companies, about 88% of net small business income will be for these taxes when we're depending on them to create two-thirds of the new jobs. boehner's trying to mitigate that mess. i wish him luck. something's going to f to have to give. >> from everything i've heard is that we are realistically, there's two options for country. one, go over the cliff. the other, extend the bush tax cuts for the 98% of americans. everyone who makes under $200,000 a year if they're single. those seem to be the two choices. between those, which do you pick? >> but, if we do that and ra
do you think john boehner is the guy who's going to get this done? is he going to be able to lead your party to consensus? >> i don't know the answer to that question. what he's trying to do is to mitigate the damage that obama would do with these massive increases in rates. impasse is not an option. means everybody's taxes go up, but if the president has his way, taxes are going to go up on those very wealthy folks making over 200,000, but most are small businesses filing a subchapter s...
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. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especially si
. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >>...
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. >> in that plan john boehner put $800 billion on the table. he said he would close loopholes and those people would pay more money. you're a member of the tea party caucus. some in your caucus have slammed the plan, jim demint among them. do you think john boehner is the guy who's going to get this done? is he going to be able to lead your party to consensus? >> i don't know the answer to that question. what he's trying to do is to mitigate the damage that obama would do with these massive increases in rates. impasse is not an option. means everybody's taxes go up, but if the president has his way, taxes are going to go up on those very wealthy folks making over $200,000, but most are not very wealthy or folks, most are small businesses filing subchapter "s" companies, about 88% of net small business income will be for these taxes when we're depending on them to create two-thirds of the new jobs. boehner's trying to mitigate that mess. i wish him luck. something's going to f to have to give. >> something is going to have to give. from everybod
. >> in that plan john boehner put $800 billion on the table. he said he would close loopholes and those people would pay more money. you're a member of the tea party caucus. some in your caucus have slammed the plan, jim demint among them. do you think john boehner is the guy who's going to get this done? is he going to be able to lead your party to consensus? >> i don't know the answer to that question. what he's trying to do is to mitigate the damage that obama would do with...
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john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was wrong, but i'm starting to get worried that maybe i was wrong. that these sides are further apart now than they were two weeks ago, which is hard to believe. i think this is going to get done. i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's direction. i don't know exactly what the game that tim geithner was playing yesterday. not only, and thank you, erin, for getting some of this math right. the president said 2.5 for every tax increase and yesterday he came up with $4 of new taxes for every dollar of spending cuts. that's when john boehner simply said we're nowhere. >> ethan, don't the republicans if they want to break this stalemate, maybe what the president's doing is saying these are the cuts i want to make, so guys, why don't you come up with the rest? >> i
john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was wrong, but i'm starting to get worried that maybe i was wrong. that these sides are further apart now than they were two weeks ago, which is hard to believe. i think this is going to get done. i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's...
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john boehner, again, speaker, said we're at a stalemate. is that how you would describe where things are? >> i think we're far apart still, but i think we're moving closer together. again, remember -- >> where are you closer? >> the republicans have said for the first time in decades, if i'm not mistaken, the leaders of the republican party, that they are prepared to raise taxes as part of a deal that helps reduce our long term deficit. what they haven't said is how far they're willing to go on rates and revenues, and that's what we need to see from them. >> they said no increased rates. >> but that's -- but they know this. there's not going to be an agreement without rates going up. there's not -- >> you'll go off the fiscal cliff if the republicans say, sorry, no way are we going to raise rates for the -- on the wealthy. you guys are willing to go off -- >> if republicans are not willing to let rates go back up and we think they should go back to the clinton levels, the time when the american economy was doing exceptionally well, there wi
john boehner, again, speaker, said we're at a stalemate. is that how you would describe where things are? >> i think we're far apart still, but i think we're moving closer together. again, remember -- >> where are you closer? >> the republicans have said for the first time in decades, if i'm not mistaken, the leaders of the republican party, that they are prepared to raise taxes as part of a deal that helps reduce our long term deficit. what they haven't said is how far...
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in run for that, the president offers $400 billion of cuts and toe, john boehner basically said go fish. >> was not a serious proposal. and so, right now, we're almost nowhere. >> just when we needed someone to not say hey, mom, he was nasty. so i can be, too. boehner, like geithner, leapt to the extreme. republicans, the best response to a nonstarter could be to put a real thoughtful compromise deal on the table. an alternative and as for mr. geithner, he wasn't alone either. remember, mr. president, the promise you made during the campaign? >> $2.50 for every cut, we ask for a dollar of additional revenue. >> that means you'd neen $4 trillion in spending cut to match, but you only offered 400 billion, which of course is $3.6 trillion short before you even get to the stimulus plan and other spending items. ethan pollak, steven moore, you guys ready the play? >> sure. >> we are. >> i know you spoke to our producer today and he seems to think nobody can beat him at this game. the best in the world. steven, a few weeks ago, you were optimistic. congress' approval ratings seemed to go up b
in run for that, the president offers $400 billion of cuts and toe, john boehner basically said go fish. >> was not a serious proposal. and so, right now, we're almost nowhere. >> just when we needed someone to not say hey, mom, he was nasty. so i can be, too. boehner, like geithner, leapt to the extreme. republicans, the best response to a nonstarter could be to put a real thoughtful compromise deal on the table. an alternative and as for mr. geithner, he wasn't alone either....
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that's in the letter that john boehner wrote to the president. break that down for us. >> that's right. there is no numbers breaking that down. it's a where's the beef question. bumper sticker, we have the numbers but no details. boehner's aides will say that's where the negotiations come in. the devil's in the details. they'll say look, to achieve these revenue increases by closing deductions and loopholes. in the letter boehner sent, he says they may be able to lower some rates based on comments made by erskine bowles. >> i think for folks especially we're left to wonder. some analysis shows it's possible. >> i think for folks especially the middle class, they're trying to figure out the math. those deductions and loopholes, do they actually dig into the middle class? >> that's right. and what the romney campaign tried to do with a similar style proposal. and in fact the democratic group third way said if they got a $35,000 cap and excluded charitable deductions, they might be able to reach that $800 billion target. that is however not lowering
that's in the letter that john boehner wrote to the president. break that down for us. >> that's right. there is no numbers breaking that down. it's a where's the beef question. bumper sticker, we have the numbers but no details. boehner's aides will say that's where the negotiations come in. the devil's in the details. they'll say look, to achieve these revenue increases by closing deductions and loopholes. in the letter boehner sent, he says they may be able to lower some rates based on...
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john boehner offers up his own plan today. and the white house has already offered up their response. then later, a photo in the trayvon martin case has been released in color. we'll show it to you and a new heir to the british throne is on its way. it's a baby bonanza. that's ahead. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's heah concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older a
john boehner offers up his own plan today. and the white house has already offered up their response. then later, a photo in the trayvon martin case has been released in color. we'll show it to you and a new heir to the british throne is on its way. it's a baby bonanza. that's ahead. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in...
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>>> out front next today, president obama and speaker of the house john boehner both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions tonight. let's go "out front." >>> good evening, everyone. i'm erin burnett, outfront tonight, an early christmas miracle. or at least the glimmer of one today. barack obama bringing glad tidings of great joy to avoid the fiscal cliff. >> i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either o
>>> out front next today, president obama and speaker of the house john boehner both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions...
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it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either one of them. but investors didn't care, they're excited about the present, the dow gained more than a full percent throughout the day. will we have a true christmas miracle? courtesy of those two. oh, let's hope that they don't wear those hats. i spoke this evening with republican senator john cornyn of texas, he's the republican whip and member of the finance committee, and i asked him what has he actually done to help get this deal done, not the night before, but before christmas. >> we have said that revenue, is something that the president said he needs, we have made the point that revenue is on the table. even if we were to conceive hypothetically, what the present has asked for, to let the tax rates go up on the top brackets, it would run the government for a lim
it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either one of them. but investors didn't care, they're excited about the present, the dow gained more than a full percent throughout the day. will we have a true...
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however, keeping them honest, house speaker john boehner and others have been trying to play down the fact that president obama and others got a significant boost from voters. >> in politics there is the temptation from those who win office to think that they have a mandate to do what they will. >> i don't think so because they re-elected the house republicans. so whether people intended or not, we have divided government. >> the american people made clear that there is no mandate for raising tax rates. >> keeping them honest. president obama campaigned and won on letting taxes go up for the top earners. so his victory throws cold water on that claim. democrats gained seats in the senate and on the house. recent cnn polling shows that mosh than two in three people support tax hikes for the wealthy. it is something that republicans will be grapling with from now until new year's day. joining us is congressman cole, a republican. thank you for joining us. >> thank you. >> your proposal that republican lawmakers should agree with democrats, extend the tax breaks for those making $250,000
however, keeping them honest, house speaker john boehner and others have been trying to play down the fact that president obama and others got a significant boost from voters. >> in politics there is the temptation from those who win office to think that they have a mandate to do what they will. >> i don't think so because they re-elected the house republicans. so whether people intended or not, we have divided government. >> the american people made clear that there is no...
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you have challenged john boehner. i mean, what you put out there, it may sound -- may sound very normal and calm and compromise-filled to many. but perhaps to him, it's a little bit of a slap in the face. have you talked to him about it directly? >> yeah, of course. i mean, look, i deal with the speaker on a regular basis. and he knows, look, i'm never going to undercut him and he knows when the tough votes come, and they're going to come, that i'll be there to try and support him and help him. so he's not going to scold me because i offered in private, you know, my advice that was solicited and then when it was leaked actually defended in public. i don't think he would expect me to do anything else. >> well, it's good. it's good you stand by what you said. and i know we have to applaud when anyone chooses to do that in washington, sir. thank you so much. appreciate your time, congressman cole. >> thank you, erin. >>> a man who stood by what he said, even though it flew in the face of what others like grover norquist
you have challenged john boehner. i mean, what you put out there, it may sound -- may sound very normal and calm and compromise-filled to many. but perhaps to him, it's a little bit of a slap in the face. have you talked to him about it directly? >> yeah, of course. i mean, look, i deal with the speaker on a regular basis. and he knows, look, i'm never going to undercut him and he knows when the tough votes come, and they're going to come, that i'll be there to try and support him and...
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let's listen to house speaker john boehner again. >> right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they are willing to make. >> so you know, the republicans want to see bigger spending cuts, more spending cuts on the democratic side. this $450 billion from the white house, unspecified cuts to medicare is just not enough. so, that's where we stand with just over a month to go before this big deadline and the holiday break is coming up. >> very concerned about that. the president is taking his pitch to pennsylvania today. what is he going to say to the american people and how does he plan to sell his approach? a lot of people want a plan to pass. >> certainly, polls show there's support for this combination of tax increases and spending cuts. the president is going to a toy manufacturer. the white house says this is the kind of company that relies on middle class companies, the kind of families that could see their taxes go u
let's listen to house speaker john boehner again. >> right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they are willing to make. >> so you know, the republicans want to see bigger spending cuts, more spending cuts on the democratic side. this $450 billion from the white house, unspecified cuts to medicare is just not enough. so,...
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john zarrella, thank you so much. >> john boehner is just about to speak. he met with house republicans about his latest offer to president obama. dana bash is here. is he coming out? >> reporter: we think so. to recap what we have is $800 billion in new revenue and republican congressman from all points on the political spectrum told us that the conference seems to be pretty unified hype the speaker when it comes to the process that they understand that they are going to have to make some concessions and at the end of the day the key thing is to keep the discussions going. one thing that we did hear is a little inside baseball but certainly ruffling feathers here is that a few of the conservative -- most conservative members of congress were removed from key committees. and we're told that two of those members who were removed actually stood up and complained. you know, these are members who were on important committees, like the budget committee and financial services and this is not just upsetting people internally but mostly upsetting conservatives outs
john zarrella, thank you so much. >> john boehner is just about to speak. he met with house republicans about his latest offer to president obama. dana bash is here. is he coming out? >> reporter: we think so. to recap what we have is $800 billion in new revenue and republican congressman from all points on the political spectrum told us that the conference seems to be pretty unified hype the speaker when it comes to the process that they understand that they are going to have to...
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including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the house of representatives said just earlier this week we'll all pass that. i agree with him. secondly, the republicans have agreed that we need to have some sort of balance, more and more republicans are saying we need to have revenues. you cannot do it simply with cutting spending. thirdly, i don't think that anybody wants to hurt the vulnerable in america. >> no, i think -- but the question, the question here is, is on the issue of taxes for instance. the president proposed tax cuts -- i'm sorry tax increases that went beyond what th
including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the...
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start with you, ari, this is a clip from john boehner. he was talking earlier today about these negotiations to avoid going over the fiscal cliff. >> so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. >> so here's the question, ari. why go public with those kinds of concessions? don't you make those kinds of concessions in private negotiations as opposed to speaking publicly about them right now and giving away your own leverage, if you will? >> yes, you do. you have to make those in the private talks. not in the public maneuvering that's going on. but i also worry that it's not being said in the private talks. and that's why you're hearing speaker boehner say what he's saying. wolf, i'm getting a growing sense from the people that i talk to that there's a real exasperation where we are where we were in 2011 with nothing happening in these talks. that ca
start with you, ari, this is a clip from john boehner. he was talking earlier today about these negotiations to avoid going over the fiscal cliff. >> so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. >> so here's the question, ari. why go public with those kinds of concessions? don't you make...
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john boehner versus the president of the united states. and we want to just look at the sound bites from today and talk about how much of this is posturing and how much of this is sort of revealing a bottom line. let's listen. >> when i came out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal. and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it was not a serious proposal. and so right now we're almost nowhere. >> -- this should come as a surprise to anybody. we had debates about it, a lot of tv commercials about it. and at the end of the day a clear majority of americans, democrats, republicans, independents, they agreed with a balanced approach to deficit reduction and making sure that middle class taxes don't go up. f
john boehner versus the president of the united states. and we want to just look at the sound bites from today and talk about how much of this is posturing and how much of this is sort of revealing a bottom line. let's listen. >> when i came out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal. and they send one up here that calls for $1.6 trillion in...
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>>> want to take you live to capitol hill where house speaker john boehner is speaking live to the press and emerged from are a meeting with timothy geithner, treasury secretary. let's listen in to what he has to say. >> i met with erskine bowles and business leaders about averting the fiscal cliff, and achieving t the balance the white house says it wants. i made clear we put real concessions on the line by putting revenues on the table right up front. unfortunately, many democrats continue to rule out sensible spending cuts that must be part of any significant agreement that will reduce our deficit. and mr. bowles himself said there is no serious discussion of spending cuts so far. and unless there is, there is a real danger of going off the fiscal cliff. listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan t
>>> want to take you live to capitol hill where house speaker john boehner is speaking live to the press and emerged from are a meeting with timothy geithner, treasury secretary. let's listen in to what he has to say. >> i met with erskine bowles and business leaders about averting the fiscal cliff, and achieving t the balance the white house says it wants. i made clear we put real concessions on the line by putting revenues on the table right up front. unfortunately, many...
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what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> good morning to you. welcome back. 24 minutes past the hour. christine is minding our business. >> i am. stock futures are up.
what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the...
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john boehner needs to decide how he will get his caucus together. they're becoming increasingly isolated in their position. hopefully we can have a deal which protects the middle class. there is a piece of legislation sitting in the house today that would prevent taxes from going up on 98% of the american people. 97% of small businesses. they should go ahead and move that. and then we can have a broader discussion of how we achieve larger deficit reduction and avoid the fiscal cliff. but there's plenty of room and plenty of time for compromise. the president's position is clear. we're not going to do anything that hurts the middle class. we are going to protect those tax cuts for the middle class and for deficit reduction it needs to be fair and it needs to be balanced. everybody needs to pay their share so we can invest in the things we need to grow. >> i'm not sure about the plenty of time. 27 days. >> right. we are -- out of time. every day that goes by. >> stephanie cutter this morning -- >> every day that goes by, you can see more and more supp
john boehner needs to decide how he will get his caucus together. they're becoming increasingly isolated in their position. hopefully we can have a deal which protects the middle class. there is a piece of legislation sitting in the house today that would prevent taxes from going up on 98% of the american people. 97% of small businesses. they should go ahead and move that. and then we can have a broader discussion of how we achieve larger deficit reduction and avoid the fiscal cliff. but...
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house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> well, republicans are reportedly planning their own fiscal cliff pr campaign designed to show that the democrats are simply digging in, they're being stubborn, election is over, shouldn't both sides be focused on doing the job they were elected to do. how do you see it? >> look, you're going to have a bunch of rallying on both sides and some of this is theatrics. it's christmastime. you know how you tell your kids you have to be really good or santa's not going to give you what you want but you know you will buy them the new ps-3 anyway. that's what's going on. both sides realize it's political death for either side for us to go over this fiscal cliff, so barack obama's going to rally his side, republicans will ra
house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> well, republicans are reportedly planning their own fiscal cliff pr campaign designed to show that the democrats are simply digging in, they're being stubborn,...
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this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that a
this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes...
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world markets up, commodities up after comments made by president obama and house speaker john boehner, both expressing optimism on fiscal cliff negotiations in the washington. in a new report from the congressional budget office it says more than half a trillion has been spent on jobless benefits over the past five years. $520 billion in jobless benefits in five years. also part of the debate, whether to extend the deadline to file for additional unemployment benefits beyond the end of the year. spending on food stamps is rising. nearly 15 million households received food stampses in 2011, up 10% from the year before according to new data from the census bureau. it shows you the far reach of the government right now in the safety net in supporting american families. all of that at the core of the debate of what's happening with the fiscal cliff. >>> $7 coffee. starbucks thinks you will pay. coffee connoisseurs can pay $7 for a grande cup of costa rica fincapalamara. it's called mucho deneiro. cultivated from a central american bean known as geisha. it is extremely difficult to produce
world markets up, commodities up after comments made by president obama and house speaker john boehner, both expressing optimism on fiscal cliff negotiations in the washington. in a new report from the congressional budget office it says more than half a trillion has been spent on jobless benefits over the past five years. $520 billion in jobless benefits in five years. also part of the debate, whether to extend the deadline to file for additional unemployment benefits beyond the end of the...
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. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> all right, so common ground. the white house is focused on having high earners, the rich, pay higher taxes and get fewing deductions. if that happens, the middle class comes out ahead. so why is there so much push-back by the republicans? >> the proposal the white house came up with is one that they know the republicans aren't going to sign on the dotted line and go along with it. what the president is trying to do is pull the debate more his way. he's learned from the past if you start negotiating with your final position, you don't get a very good deal here. so neither side is really offering
. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find...
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house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts that conservative groups have put out, republican senator jim demint was up-front about the fact he's not happy about it. however, when it comes to speaker boehner's own republican conference, as it is called, we're told they met for an hour and there wasn't backlash, that they were united behind him. it seems as though, brooke, that the speaker has, for now, emphasize for now, been able to turn the frustration within his caucus against the presiden
house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a...
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so i asked that question of john boehner, who has been through this kind of negotiating many, many times over many years, if that's what we're seeing or if we're at a stalemate. listen to this . the past 24 hours, is this the necessary public posturing that needs to go on to get an endgame or is there serious stalemate right now? >> there is a stalemate. let's not kid ourselves. i'm not trying to make this more difficult, but if you watched me over the last three weeks, i've been very girded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. but when i come out the day after the election, and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal and they send one up here, they didn't want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> reporter: we're also told
so i asked that question of john boehner, who has been through this kind of negotiating many, many times over many years, if that's what we're seeing or if we're at a stalemate. listen to this . the past 24 hours, is this the necessary public posturing that needs to go on to get an endgame or is there serious stalemate right now? >> there is a stalemate. let's not kid ourselves. i'm not trying to make this more difficult, but if you watched me over the last three weeks, i've been very...
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boehner. dan lothian is at the white house. dan, what do you know? >> reporter: well, this is the second phone conversation now that the president has had with speaker boehner with regards to the fiscal cliff. this call, according to a source familiar with it, told me it lasted for 28 minutes. this official saying it was hardly short or curt, as had been reported by some news outlets. and my colleague, jessica yellen, heard from another source that said that the president told speaker boehner that he felt that rates had to go up on wealthy americans and that there would be no deal without that. so clearly, there is still some distance between the two sides here. the president believing that wealthy americans need to pay more. those bush era tax cuts should not extend for them. republicans believing that all americans should benefit from those tax cuts, and that now you should put en titlements on the table. of as we see, the officials from the white house going up to capitol hill today, treasu
boehner. dan lothian is at the white house. dan, what do you know? >> reporter: well, this is the second phone conversation now that the president has had with speaker boehner with regards to the fiscal cliff. this call, according to a source familiar with it, told me it lasted for 28 minutes. this official saying it was hardly short or curt, as had been reported by some news outlets. and my colleague, jessica yellen, heard from another source that said that the president told speaker...
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just like that, a proposal that john boehner puts out. he's trying to say that it is from the bowles proposal but erskine bowles came out yesterday and said flat out that the proposal the republicans put out does not mimic his. therefore, the republicans are lying again. republicans and the tea party people, they know that they are lying. it is just that simple. the president put out a proposal. ok. don't criticize the president for the proposal. show us a real proposal. do not ask us to trust you. host: reporting in "the new york times." republicans say their counteroffer is close to the numbers supported last year by erskine bowles. he said last week his numbers offered testimony to a special bipartisan congressional committee on a visit reduction were not so much a plan as a back of the envelopes addressed and to show a deal could be struck somewhere between mr. obama's position in the speaker during their talks last year. next caller, colorado, independent line. caller: i think's he's been as a great way for people to have their voice
just like that, a proposal that john boehner puts out. he's trying to say that it is from the bowles proposal but erskine bowles came out yesterday and said flat out that the proposal the republicans put out does not mimic his. therefore, the republicans are lying again. republicans and the tea party people, they know that they are lying. it is just that simple. the president put out a proposal. ok. don't criticize the president for the proposal. show us a real proposal. do not ask us to trust...
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ladies and gentlemen, the honorable john boehner. [applause] >> well, steve, let me just say thanks to you and your team and the architect's office and the grounds crew have done a great job inputting this together. and let me thank the colorado delegation for being here. i would take credit for the weather. [laughter] >> but i thought the senators would do it before i did. [laughter] >> lindsay, great job and i'm glad we have nice weather so you could wear that pretty dress without having to put a big overcoat on it. let me say thank you to all of you here tonight. this great spruce has traveled many miles. thanks to ben and his partner who brought the tree from colorado here. it's christmastime and it's the splend oror of this tree calls to mind the star of bethlehem and the chance of the angels announcing a humble birth in a manger. the birth of christ fulfilled the prophecy of salvation and giving a weary world a chance to rejoyce and we will bring light to the tree that flour issues as a symbol of everlasting life. this tree wil
ladies and gentlemen, the honorable john boehner. [applause] >> well, steve, let me just say thanks to you and your team and the architect's office and the grounds crew have done a great job inputting this together. and let me thank the colorado delegation for being here. i would take credit for the weather. [laughter] >> but i thought the senators would do it before i did. [laughter] >> lindsay, great job and i'm glad we have nice weather so you could wear that pretty dress...
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the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact o
the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the...
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the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we
the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need...
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john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but another way to help control health care spending is earmarked a value-added tax toward revenue which would have much was spent, how much people have to pay in taxes, it would eliminate their regressivity of that, and it would, using a pun, inoculate the deficit from uncertainty about health-care reform. health care reform will take a long time. it is more complicated than tax reform. we have had one major tax reform in the last 50 years, thanks to senator packwood and others. health-care reform is going to take a long time. we cannot wait to
john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but...
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we start with house speaker john boehner. also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m. eastern on c-span. today in new york at the united nations, the general assembly voted 138-9 with 41 countries abstaining to recognize the state of palestine. it updates the palestinian status to a non member observer state at the united nations. after the vote, u.s. ambassador to the u.n. susan rice said the vote places further obstacles in the path of peace. here are comments -- are about five minutes. >> thank you, mr. president. for decades, the united states has worked to help achieve a comprehensive end to the long and tragic arab-israeli con
we start with house speaker john boehner. also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m....